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Forget AMD: This AI Hardware Stock Is the Smarter Bet Right Now

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Core Development: Forget AMD: This AI Hardware Stock Is the Smarter Bet Right Now
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Advanced Micro Devices (NASDAQ: AMD) has had a great year, rising more than 120% so far. However, it has gotten a bit hot. AMD's valuation has soared, and it doesn't quite have the same catalysts coming up in 2027 as another top AI hardware stock: Broadcom (NASDAQ: AVGO).

Broadcom is a much better deal in my opinion, and will lead it to new heights over the next year and vastly outperform AMD over the coming year.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »

AMD has clear exposure to the AI build-out via its data center division, which supplies GPUs and other computing components to those in the space. This part of AMD's business is doing great and saw 107% year-over-year growth to $6.7 billion in the second quarter. However, it has nothing on Broadcom.

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